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Re:Top Bitcoin questions I’ve been asked by abalone on Thursday April 03, 2014 @07:10AM (#7522046)
Haven't heard a compelling, broadly-applicable reason to pay with Bitcoin instead of a card. Cards have consumer protections and reward programs.
Re:Top Bitcoin questions I’ve been asked by dagw on Thursday April 03, 2014 @07:19AM (#7522077)
The big one is micro transaction. Card fees make it inefficient to work with a high number of small (say $0.25 or less) transactions, Bitcoin solves that.
Re:Top Bitcoin questions I’ve been asked by abalone on Thursday April 03, 2014 @07:58AM (#7522202)
I totally agree. Consumers won't miss their protections and rewards there either. But at the same time, it's a relatively small niche. So if that's "the big one" then it's hard to see Bitcoin competing with cards more broadly.